James Sherwood

James B. Sherwood (August 8, 1933 – May 18, 2020)[1] was an American-born, British-based businessman. He died of complications after abdominal surgery aged 86.[2]

Early lifeEdit

Sherwood grew up in Lexington, Kentucky and earned a degree in economics from Yale University.[3] Sherwood learned about shipping first in the United States Navy, spending three years as a cargo officer, and then working for United States Lines and CTI for six years.

Business careerEdit

In 1965, Sherwood founded Bermuda-based, New York Stock Exchange listed, London-headquartered shipping company Sea Containers with initial capital of $100,000.[4] Over forty years Sherwood expanded Sea Containers from a supplier of leased cargo containers, into various shipping companies, as well as expanding the company into luxury hotels and railway trains, including the Venice-Simplon Orient Express[5] and Great North Eastern Railway that operated the InterCity East Coast franchise.[6]

Although valued with a net worth of £60million in the 2004 Sunday Times Rich List,[7] as Sea Containers hit financial troubles, he resigned as Co-Chief Executive Officer from each of his companies in 2006.[8]. He continued as a Director of Orient Express Hotels Ltd until retiring on 9 June 2011. He was later designated as Founder and Chairman Emeritus.[9]

Personal lifeEdit

Sherwood's wife was writer and botanist Shirley Sherwood.[10]

ReferencesEdit

  1. ^ James B. Sherwood, Ivan Fallon: Orient Express: A Personal Journey (2012) ISBN 9781849541879
  2. ^ Obituaries, Telegraph (2020-05-20). "James Sherwood, founder of Sea Containers who put his heart into reviving the Orient Express – obituary". The Telegraph. ISSN 0307-1235. Retrieved 2020-05-20.
  3. ^ Latest Ferry News - November 2005 Archived October 10, 2006, at the Wayback Machine
  4. ^ Sea Containers Ltd. - Company History Funding Universe
  5. ^ Grice, Elizabeth (27 April 2012). "James Sherwood interview: the man who relaunched the Orient-Express". The Daily Telegraph. London.
  6. ^ Sea Containers wins East Coast Main Line franchise Rail issue 276 10 April 1996 page 7
  7. ^ Sunday Times Rich List 2004 - James Sherwood Times Online
  8. ^ Sherwood to hand over helm at Sea Containers Daily Telegraph 8 December 2002
  9. ^ https://www.prnewswire.com/news-releases/chairman-james-hurlock-and-founder-james-sherwood-to-retire-from-orient-express-board-of-directors-118357229.html
  10. ^ "Dr Shirley Sherwood to Guest Curate Botanical ArtExhibition". Orient Express. 18 January 2005. Retrieved 25 March 2010.

External linksEdit